American Commercial Barge Line Names Ellis as CEO
U.S. inland barge transportation company American Commercial Barge Line (ACBL) has named Mike Ellis as the company’s new chief executive officer and a member of its board of directors, effective August 17, 2020.Ellis will take the helm following ACBL's recently completed Chapter 11 recapitalization and restructuring, succeeding retiring president and CEO Mark Knoy, who has led the company since 2011.“Following a thorough search, we are delighted to welcome Mike Ellis as ACBL’s new CEO…
Eastern Shipbuilding Delivers Towboat to Setton Towing
Eastern Shipbuilding Group Finishes Up 2011 With Another 96 ft. Towboat Delivery for Settoon Towing, LLC., the JAMES J PERERA. Eastern Shipbuilding Group, Inc. is pleased to announce another on-time delivery for the third 2,600 HP Canal Class Inland Towboat, the JAMES J. PERERA, for Settoon Towing, LLC., of Pierre Part, LA. This towboat is the third in a series of a four vessel contract with Settoon, another repeat customer for Eastern Shipbuilding Group. The towboat measures 96’ X 34’ x 10’ and is identical to the two previously built boats at ESG currently in their fleet; the AUSTIN C SETTOON and the PARKER A SETTOON. The propulsion system consists of two (2) Caterpillar 3512C electronic marine diesel engines EPA Tier II…
Plains All American Pipeline Acquires 50 Percent Interest in Settoon Towing
L.P. announced that its subsidiary, Plains Marketing, L.P., has acquired a 50% membership interest in Settoon Towing LLC. the cash purchase price was approximately $33 million. with 22 tugs and 22 tank barges under charter. transport tugs (including three on lease or charter). water from inland production facilities across the Gulf Coast. to numerous inland waterways.
